Nisus Finance Services Co
CLOSEDIPO Date: 4 Dec - 6 Dec 2024
Listing Date: 11 Dec 2024
Price Range
₹170 – ₹180
Issue Size
114 Cr
Min Investment
₹1,36,000
Lot Size
800 Shares
Schedule of Nisus Finance Services Co
Issue open date
4 Dec 2024
Issue close date
6 Dec 2024
UPI mandate deadline
6 Dec 2024 (5 PM)
Allotment finalization
9 Dec 2024
Share credit
10 Dec 2024
Listing date
11 Dec 2024
Mandate end date
21 Dec 2024
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 114 Cr |
| Fresh Issue | 50 Cr |
| Offer for Sale | 20 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 9 Dec 2024 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 18 Dec 2024 | ₹180 | ₹162 | ₹342 (90%) |
Performance Nisus Finance Services Co
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹170 – ₹180 | .... | ₹ 375.6 | 108.67% |
About Nisus Finance Services Co
Strengths Trusted NiFCO brand with a strong market reputation. Diversified operations in real estate and asset management. A data-driven approach to capitalise on market trends. Experienced management team with industry expertise. Strong governance ensures compliance and transparency. Risks Involvement in ongoing legal proceedings. Business performance is tied to market conditions. Reliance on key personnel for operations. Exposure to regulatory and policy changes. Vulnerable to economic uncertainties and market volatility.
| Founded in | 2013 |
| Managing director | Mr. Amit Anil Goenka |
| Parent organization | Nisus Finance Services Co Ltd |
Financial Overview
Strengths
- Trusted NiFCO brand with a strong market reputation
- Diversified operations in real estate and asset management
- A data-driven approach to capitalise on market trends
- Experienced management team with industry expertise
- Strong governance ensures compliance and transparency
Risks
- Involvement in ongoing legal proceedings
- Business performance is tied to market conditions
- Reliance on key personnel for operations
- Exposure to regulatory and policy changes
- Vulnerable to economic uncertainties and market volatility
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 3.41 |
| Non-Institutional Investors (NIIs) | 39.73 |
| Retail Individual Investors (RIIs) | 37.28 |
| Employee | 0.8 |
| Total | 28 |